MATCH POINT TENNIS ACADEMY, LLC (2) - 2013

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1.8 Concessionaire's Equipment and Personal Property. Concessionaire shall hold title only to Concessionaire's equipment or personal property placed on the Facilities by Concessionaire. All of Concessionaire's equipment or personal property shall remain the property of Concessionaire and are not fixtures. Concessionaire has the right to remove all of Concessionaire's equipment or personal property at its sole cost and expense on or before the expiration or termination of this Agreement; provided that such removal shall be done in a professional and careful manner, without interference or damage to any other equipment, structures or operations on the Facilities, including the use of the Facilities by City or any of City's employees, agents, or assignees. 1.9 Scholarships. In consideration for the use granted herein, Concessionaire agrees to provide ten (10) tennis scholarships to qualifying youth residents of the City of Santa Ana to participate in the Concessionaire's Player Development Tennis Academy. 1.9.1 Categories of Scholarships. Said scholarships are divided into 5 categories based upon the age of the youth [Tiny Tots (ages 6 -9), Novice (ages 8 -11), Intermediate (ages 11 -15), Advanced (ages 10 -18) and High School (aged 15 -18)]; with 2 scholarships awarded in each category. Concessionaire shall provide six months of free training and consulting services to the sponsored students. Sponsorship shall be valued at $300.00 - $500.00 per youth, per month and includes free consulting services. 1.9.2 GPA Requirement. Concessionaire agrees that each sponsored student who participates in the Concessionaire's Player Development Academies shall maintain a "B" grade point average or higher. Concessionaire agrees that should any player registered in their academies drop below a `B" grade point average, that student will be placed on academic probation for six months. Students shall submit quarterly grade reports to Concessionaire. City will have access to grade reports in order to monitor and ensure compliance. City will be responsible for notifying students of non - compliance. 2.0 TERM OF AGREEMENT. The term this Agreement (the "Term") shall be five (5) years. The Term shall commence on September 5, 2013 and shall expire on the fifth (5a`) anniversary thereof, if not terminated earlier pursuant to the terms of this Agreement. Earlier termination of this Agreement shall be in conformance with Sections 9 and 10 below. 3.0 CONSIDERATION. 3.1 In consideration for the use granted herein, Concessionaire shall pay to City as compensation for use of and right to operate the Facilities the amount of Four Thousand Dollars ($4,000.00) per month. 3.2 Compensation will be due upon execution of this Agreement and thereafter on or before the 10' day of each succeeding month, payable to "The City of Santa Ana" and remitted to: The City of Santa Ana, Finance and Management Services, 4